Apple will release its First Quarter Financial results after the markets close on Wednesday and has posted Webcast information for the upcoming audio stream of its Q1 ’03 financial earnings results conference call, scheduled for Wednesday, January 15, at 5:00 pm EST – Info here .
3 Comments
Leave a Reply
Siri AI is REALLY good — WSJ’s Joanna Stern’s week-long test proves it (with video)
After more than a decade of memes, frustration, and unfulfilled promises, Siri is good. Like really good. With a week of intensive beta…
Apple Watch dominates Q1 2026 smartwatch market with 21% shipment surge
The Apple Watch continues to set the pace in the global wearables race. Apple powered much of the smartwatch industry’s modest recovery…
Drake tops Apple Music’s all-time most streamed artists list; Taylor Swift close behind at No.2
Apple Music just dropped its official ranking of the Top 20 Most Streamed Artists of All Time, and the results are sparking major…
Apple Original Films to bring beloved children’s book ‘Little Santa’ to the screen
Apple Original Films today announced it has landed “Little Santa,” a new animated feature based on the popular and beloved children’s book…
Apple TV’s new comedy series ‘Brothers,’ starring Matthew McConaughey and Woody Harrelson, debuts September 23rd
Today, Apple TV announced that its new eight-episode comedy, “Brothers,” will make its global debut on Wednesday, September 23 with…
apple stock tanks after report. NO WONDER:
CUPERTINO, Calif., Jan. 15 /PRNewswire-FirstCall/ — Apple� (Nasdaq: AAPL – News) today announced financial results for its fiscal 2003 first quarter ended December 28, 2002. For the quarter, the Company posted a net loss of $8 million, or $.02 per share. These results compare to a net profit of $38 million, or $.11 per diluted share, in the year-ago quarter. Revenues for the quarter were $1.47 billion, up 7 percent from the year-ago quarter, and gross margins were 27.6 percent, down from 30.7 percent in the year-ago quarter. International sales accounted for 43 percent of the quarter’s revenues.
Sure to bring a smile to Mike Dell’s face!
“apple stock tanks after report”
No it didn’t. It closed at 14.43
At 10:30 EST it’s at 14.32 (-.67%) after hours.
I wouldn’t call .67% “tanking”.
I watched it realtime, and it was a dump. If apple does not visit the high 12’s by the end of next week, you are right and I am wrong.